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FAQ
Frequently asked questions about TacoCat and/or CryptoSpace in general

FAQ Contents:

Price estimate? When Moon?
Why buy/pump; Why sell/dump?
Why are there different prices on > CEX and > DEX as well as wallets like Trust Wallet?
Price estimate? When Moon?
The TacoCat Company has decided not to make any official assessments regarding the price and the market cap. Due to the volatility of the crypto market, these estimates would be too imprecise and could send wrong signals to holders and future buyers. Every employee and/or holder can make their own personal assessment based on the information available. You can determine a possible price development through your own research. We, therefore recommend you to study the point >DYOR in our TacoPedia, take a look at the existing resources such as websites or rating pages for the respective project for which you would like to have a possible price development. The roadmaps of the respective projects are very helpful for this. When you have viewed all the available information, there is a high probability that you can compare the project with other projects in the same category (e.g. GameFi, Ecosystem or Chains) and draw conclusions about a possible price.

Why buy/pump; Why sell/dump?

The questions "Why buy - Why sell?" occur so often that they deserve a special place in our FAQ! Most of the time, we simply do not know why individuals or institutions sell their assets. There are people who panic when the charts correct and there is a pullback. Then in turn there are day traders who go about their normal business. For others, what they have earned so far is enough and want to have their profit paid out. Often times people simply need the money for an emergency. We simply don't know, We want to encourage everyone who is new to the crypto market to get used to high purchases and sales. If not, then you won't have a lot of fun in the crypto market! To the question "Why buy / pump?" we encourage everyone to do their own research on the cryptocurrency they have purchased. More often than not, the question is answered by taking a look at the roadmap and the goals that have just been achieved or are set to be achieved.
Why are there different prices on > CEX and > DEX as well as wallets like Trust Wallet?
There are decentralized (> DEX) and centralized (> CEX) trading platforms and exchanges! The centralized trading platforms such as BitMart, LBank and/or Binance, operate their own economic systems that are not connected directly to other platforms! For this reason, the price on separate platforms can fluctuate differently. The decentralized trading systems such as PancakeSwap or FEGex are merely interfaces that are directly connected to their respective blockchain. The prices on decentralized trading platforms usually do not differ or hardly do so, and mostly due to time delays in the data evaluation. Trust Wallet, for example, usually shows the price of the CEX or DEX that currently has the highest trading volume or an average of that. Since prices vary on centralized exchanges, different prices are often displayed in Trust Wallet or other wallets. The price developments between the CEX's and DEX's are mostly in the same range. Over time, the prices on the various trading platforms are balanced out by what is known as > Arbitrage.
Last modified 9mo ago
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